Risk that upfront investment in human resources may not deliver the expected benefits
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: 2026-06-16.
The whole theme swung hardest in 2019: 6 of 25 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- 2026-06-16RestatedFinancial results presentation
「Front-loading investment in human capital through development-oriented staffing, including a focus on new graduate recruitment and initial training and retention-improvement measures」
The company continues to position investment in human resources ahead of financial results and to identify the associated initial costs as a factor putting pressure on profit. - FY2024RestatedAnnual report
「We are proactively strengthening investment in human resources to drive new businesses, and may prioritize such investment over short-term financial results.」
The company continues to disclose its investment in human resources for new businesses ahead of short-term financial results, and the risk that the investment may not produce the expected results. - FY2021First statedAnnual report
「We are proactively strengthening investment in human resources to drive new businesses, and may prioritize such investment over short-term financial results. We are working to increase the effectiveness of our investment in human resources, including ensuring diversity among new hires and opportunities for development. However, if securing personnel or developing their capabilities does not progress as planned, this could adversely affect the business and financial results of our group.」
This indicates a policy of investing in human resources for new businesses ahead of financial results, as well as the risk that hiring and capability development may not progress as planned.